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Assignment:
Explain why the consideration of opportunity costs may be very relevant to a firm. How can opportunity costs affect a business decision? Use an example to support your answer.
A new piece of construction equipment will need an overhaul at the end of year 8 in a 15-year life. The overhaul will cost $80,000, and i = 12%.
If the government issues ITQs to individual fishers that limit the total catch to the efficient quantity, what is the market price of an ITQ?
Examine the characteristics of the developing nation's trade. Identify trade problems of the developing nation.
Increase in both labor and capital productivity will result in:
Find the supply function for the hospitals and Suppose the hospitals merge into one umbrella organization to improve their bargaining position. What would the new price and equilibrium be?
What are the equilibrium price and equilibrium quantity in the ice cream market? Confirm your answer by graphing the demand and supply curves.
Write a 3-4 page analysis of the article listed below on how you see your career path supporting the direction of an organization while motivating and leading employees to be a high performance team.
What are the marginal costs and benefits of pursuing additional education and the inherent risks associated with this decision?
The manager of a local monopoly estimates that the elasticity of demand for its product is equal to -3, and the marginal cost is at $20. Express the firm’s marginal revenue as a function of its price. Determine the profit-maximizing price.
The concepts of supply and demand to life situations.
The USA Air Crop makes fighter jets, but competes with the French for the world market. The government of the USA wants to “smash” the competition so it decides on a subsidy to USA Air so that USA Air can change a below equilibrium price for its jet..
Describe a time when you consumed food from a contract-managed food provider and determine what steps could have been taken to make experience more enjoyable.
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